What You Must Know About Cell Tower Leases
When you are not really familiar with the telecom lingo, then it can be very hard to negotiate such cell tower lease. How can you make sure that the actual cell tower rate which you receive is actually of fair market value? There are various lawyers who are not so familiar or knowledgeable when it comes to cell tower leasing contracts or they cannot help you get the most money from a certain cellular company.
There can be some situations that would come up when you are not familiar with the cell business and its lingo. The cell company would force you to agree to their terms that can later make you unhappy. Also, your attorney would push you out of a deal. Another thing is that the cellular company would be negotiating for a different location.
With these situations, you aren’t getting such fair cell tower lease agreement. The cellular phone providers would actually like to keep you in the dark when it comes to the cell tower rates. What you should be aware of is that their site acquisition contractors are receiving big bonuses for being able to implement the cellular tower leases below such fair market value. If such terms of the lease are really favorable to the cell carrier, then such leasing agent would get a bigger bonus. If you are paid less for the contract, then the agents are getting even higher bonuses.
You must know that you are living in a capitalist economy, and such is the reason that this is becoming a common practice these days. When you wish to get the best rates for the lease, then there are a few things that you have to know.
In a lot of cases, the property owners would ask the cellular site specialist to provide them with comparative cell tower rates for their location. But, you should know that many cellular companies do use comparative pricing too so that they will be able to convince you that you are asking for too much.
For such reason, the best thing that you can actually do is that you must not trust the cell tower leasing contract in the hands of that standard legal counsel or those lawyers from the cellular company. What you should do is that you must get an honest help from one who is really an expert or is specializing in such cell tower lease. It would be best that you get an experienced negotiator regarding the cell tower rates.